"Israeli army warns the villages of Arzi, Mazra'at Kawkariyeh al-Riz, and al-Zrarieh in the Sidon District, southern Lebanon", Sky News Arabia reports

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Ukrainian President Zelensky says targets struck included a St. Petersburg oil terminal, with the Russian oil facility roughly 1,100 km from the Ukrainian border

Swedish Services PMI (May) 53.9 (Prev. 52.5)

"Israeli army warns the villages of Arzi, Mazra'at Kawkariyeh al-Riz, and al-Zrarieh in the Sidon District, southern Lebanon", Sky News Arabia reports

Iran's Deputy Speaker of the Islamic Consultative Assembly says "The Ministry of Foreign Affairs had obtained permission from the Supreme Leader to form a working group on the Strait of Hormuz", Tasnim reports

[MARKET UPDATE] Markets exhibit a mild risk-off tone, with European and US futures edging lower, bond markets under pressure, and oil prices continuing to rise; Possibly as European traders enter the market and react to the overnight US-Iran flare-up

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